Overview

* Box Inc ( BOX ) Q2 fiscal 2026 revenue rises 9% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EPS for Q2 fiscal 2026 beats consensus, driven by strong Box AI demand

Outlook

* Box expects Q3 FY26 revenue between $298 mln and $299 mln

* Company forecasts FY26 revenue between $1.170 bln and $1.175 bln

* Box anticipates Q3 FY26 GAAP EPS of $0.05 to $0.06

* Company projects FY26 non-GAAP EPS of $1.26 to $1.28

Result Drivers

* INTELLIGENT CONTENT MANAGEMENT - Box attributes strong Q2 performance to its Intelligent Content Management platform, which leverages AI for unstructured data

* ENTERPRISE ADVANCED MOMENTUM - Continued strong momentum with Enterprise Advanced, offering intelligent workflow automation and secure content management

* BOX AI DEMAND - Strong demand for Box AI cited as a key factor in the company's Q2 performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $294 mln $290.80

Revenue mln (8

Analysts

)

Q2 Beat $0.33 $0.31 (9

Adjusted Analysts

EPS )

Q2 $84 mln

Adjusted

Operatin

g income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Box Inc ( BOX ) is $39.50, about 20.5% above its August 25 closing price of $31.42

* The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)